Exegy Expands Ultra-Low Latency Market Data Leadership with NovaSparks Acquisition

Exegy’s Strategic Acquisition of NovaSparks

In a significant move to bolster its position as a leading provider of financial market data and trading technology, Exegy recently announced its acquisition of NovaSparks Inc., a company renowned for its real-time market data solutions utilizing Field Programmable Gate Array (FPGA) technology. This strategic acquisition is poised to strengthen Exegy’s ability to meet the stringent performance needs of today’s electronic trading platforms, particularly in the fast-paced world of financial markets.

David Taylor, CEO of Exegy, expressed enthusiasm about integrating NovaSparks into Exegy, emphasizing the company’s dedication to enhancing user experience. He stated, "We are excited to welcome NovaSparks’ clients to Exegy. We regularly leverage talents and proven products to provide enhanced user experiences and greater value to our clients. This acquisition follows our earlier integrations of Vela Trading Systems and Enyx, marking another step forward in our mission to establish ourselves as the premier technology provider for financial markets."

Strengthening Global Reach

The acquisition not only augments Exegy’s technological prowess but also expands its global reach. Clients of NovaSparks can now benefit from Exegy’s extensive infrastructure, which offers comprehensive managed services available round-the-clock. This integration ensures that existing partnerships and third-party trading platform integrations will continue to thrive.

Luc Burgun, CEO of NovaSparks, acknowledged the added advantages brought by Exegy’s global presence, stating, “By uniting with Exegy, we can enhance our innovation and customer support capabilities. Our clients will continue to receive the ultra-low latency performance they require, but now with the backing of Exegy's global support and service infrastructure.”

Commitment to Innovation

Exegy has made a commitment to sustain the existing NovaSparks product lines while simultaneously investing in new solutions that promise to merge the best capabilities from both companies. This alignment aims to create products that not only meet but exceed current performance benchmarks in the industry.

Founded as a global leader in ultra-low latency market data and trading technology, Exegy provides end-to-end solutions that empower financial markets worldwide. With a client base that includes both buy-side and sell-side institutions, trading platforms, and independent software vendors, Exegy’s offerings are scalable, high-performance solutions rooted in FPGA technology and sophisticated software automation.

Global Presence and Resiliency

Headquartered in St. Louis, Exegy maintains regional offices across the United States, the United Kingdom, and the Asia-Pacific region, ensuring a resilient infrastructure designed to deliver operational efficiency and world-class managed services to its diverse clientele. As financial markets continue evolving, Exegy is well-positioned to lead the charge in delivering innovative technologies that facilitate the rapid pace of trading and data processing.

For further information, visit Exegy’s website.